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Jul 22, 2011
07/11
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. ♪ i know we have come a long way we are changing day to day ♪ ♪ tell me why do the children play ♪ >> 11 days to a default and no deal in sight. as president obama faces downright intractable opposition in trying to push a big deal on the national debt. the foot stamping began early in the crisis with house majority leader eric cantor abruptly walking out of the debt talks with vice president biden and taking his senate colleague with him. the president and house speaker had to
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you...
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Jul 18, 2011
07/11
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it is a big con. and joining me is the top economic adviser to joe biden, and senator fellow on budget and policy. >> good to see you. >> and you are different affiliations. >> that is right. sorry about that. >> what would we have to throw overboard in order to make the numbers work? >> that is a great question. it is the one factoid i didn't hear in the excellent introduction. >> waiting for you. >> thanks for saving these. look, this thing, within a new fiscal year, the 2012 fiscal year which starts in 70 days or so, it would require a cut of $111 billion, okay. that's a little bit less than, about 7/10ths of a percent of gdp. if anybody in their right mind thinks that this economy went from fragile to frail with the last couple of jobs reports can sustain an extraction of $111 billion of federal spending right now, i'm not sure what planet they are living on. most of the responsible budget plans including the fiscal commission and rital ridalin/deminchey, and you would see the safety programs that
it is a big con. and joining me is the top economic adviser to joe biden, and senator fellow on budget and policy. >> good to see you. >> and you are different affiliations. >> that is right. sorry about that. >> what would we have to throw overboard in order to make the numbers work? >> that is a great question. it is the one factoid i didn't hear in the excellent introduction. >> waiting for you. >> thanks for saving these. look, this thing, within a...
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Jul 19, 2011
07/11
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a big part of this community. re/max agents know their markets, and they care enough to get to know you, too. nobody sells more real estate than re/max. visit remax.com today. [ male announcer ] introducing mio. a revolutionary water enhancer. add a little...add a lot. for a drink that's just the way you like it. make it yours. make it mio. >>> you never want to doubt washington's endless capacity to disappoint, but you know it is possible, just maybe that if things go just right that there's a chance, a small one, a sliver of hope that we have had a major breakthrough here on the debt debate. today president obama made a surprise appearance in the white house briefing room to address the debt negotiations and began by describing how he sees thing, but then he brought up something new, the revival of the so-called gang of six. senators from both parties who are suddenly and some say unexpectedly to come forward to propose a package to finally settle the debt ceiling debate. >> so, here is where we stand. we have a
a big part of this community. re/max agents know their markets, and they care enough to get to know you, too. nobody sells more real estate than re/max. visit remax.com today. [ male announcer ] introducing mio. a revolutionary water enhancer. add a little...add a lot. for a drink that's just the way you like it. make it yours. make it mio. >>> you never want to doubt washington's endless capacity to disappoint, but you know it is possible, just maybe that if things go just right that...
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Jul 27, 2011
07/11
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it's big whitewater, and as americans we're historically good at big whitewater. >> the real celebrations are still to come, in a city that embraces the majesty of the old and the excitement of the new. >> we'll do it in the way that we believe is spectacular, and it would be spectacular. it's going to be great for the world to watch. it will be great for our children to watch. it's going to be exciting. >> reporter: martin, perhaps as you know better than me, here the folks like to say they are bang on schedule. that's what everybody told us today. six venues here at the olympic park already completed. they're even putting the track down in the not-too-distant future in the stadium behind us. >> we both covered the royal wedding, do you sense there is as much excitement there for this huge event the olympics games for the wedding, for a young man, who as both of us know isn't going to be yet close to the throne, because his father will succeed the queen. >> reporter: that's certainly the case. for the young generation, this is something they're excited about. mind you, this is a year out
it's big whitewater, and as americans we're historically good at big whitewater. >> the real celebrations are still to come, in a city that embraces the majesty of the old and the excitement of the new. >> we'll do it in the way that we believe is spectacular, and it would be spectacular. it's going to be great for the world to watch. it will be great for our children to watch. it's going to be exciting. >> reporter: martin, perhaps as you know better than me, here the folks...
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Jul 25, 2011
07/11
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it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter term concern. >> but the longer it goes on, one imagines the longer it affects the markets, and today, all of the markets are down? >> well, it is down, but it is a fairly benign reaction given some of the extreme assumptions of when the asian markets were opening that it is a real disaster. the markets are telling you that they have faith that something is going to get done here and you are seeing it on the equities side and the fixed income side in terms of the ten-year treasury yield, and yeah, it is down, but n
it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter...